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The world’s leading travel brand launches its next generation of smart connected luggage engineered in a way that travellers are always in control of what matters most.

Mumbai (Maharashtra) [India], June 29: Lost luggage is one of travel’s most persistent anxieties. Samsonite, the world’s leading travel brand, is solving it, permanently. Today, Samsonite announces Waypoint, its built-in luggage tracking system that transforms the Samsonite Zipprix FT from a bag into an intelligent travel companion.

Waypoint is not an add-on. It is engineered into the luggage itself, a discreet, integrated tracker embedded within a premium leather personalisation tag. No separate tag. No fumbling with accessories. Just quiet, continuous confidence that your bag is exactly where it should be.

Powered by both Apple’s Find My and Google’s Find Hub networks, Waypoint works seamlessly across iOS and Android, with no additional app required. Through Google’s Find Hub, the system also integrates with airline baggage handling systems of major global carriers, giving travellers an unprecedented view of their bag’s journey from check-in to carousel.

“For over a century, Samsonite has led the way in redefining what luggage can be,” said Anushree Tainwala, Chief Business Officer, Samsonite India. “Waypoint is not a feature. It is a philosophy. The belief that your bag should be as smart as the journey it enables, and that technology, when done right, disappears into design. We have always been at the forefront of travel innovation; Waypoint is the next chapter.”

The Waypoint tag features a slide-open cover, a leather embossing patch for personalisation, and a user-replaceable CR2032 battery, balancing intelligence with elegance. Setting it up on iPhone takes under a minute via Apple’s Find My; on Android, it connects instantly through Google’s Find Hub. Once paired, travellers can track their bag’s location in real time, trigger an audible alert, enable Lost Mode, or share location access with a travel companion.

Samsonite’s commitment to purposeful innovation runs through every product it makes. From pioneering polycarbonate shells to ergonomic spinner wheels, the brand has consistently translated emerging technology into lasting travel solutions. Waypoint continues that tradition, setting the stage for a connected luggage ecosystem that will expand across future Samsonite lines as Google’s Find Hub platform evolves, including planned Ultra-Wideband (UWB) integration within 2026.

Zipprix FT with Waypoint will be available in India at exclusive SamsoniteStores from 18^th June, 2026. The product ranges from INR 16,500 to INR 20,100.

The future of connected travel begins with Waypoint.

About Samsonite: 

Founded in 1910, Samsonite is the world’s leading luggage brand with an extensive legacy in trendsetting travel solutions. Renowned for breakthrough research and its commitment to innovation and sustainability, Samsonite has excelled since its inception in a number of industry firsts and offers an extensive range of travel, business, kids, casual and personal accessory products. Samsonite helps travellers to journey further, with ever-lighter and stronger products. 

www.samsonite.in

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Bengaluru (Karnataka) [India], June 29:More than ₹1.84 lakh crore worth of financial assets remained unclaimed across India in 2025. Dormant bank accounts, forgotten insurance policies, unclaimed provident funds and overlooked investments represent far more than numbers on a balance sheet. Behind many of these assets are families who either never knew they existed or lacked the information required to claim them.

Recognising the growing scale of the issue, the Government of India launched the Aapki Punji Aapka Adhikar campaign in October 2025, encouraging citizens to reclaim financial assets that rightfully belong to them.

For Bengaluru-based startup UnClaimedX, however, the problem begins much earlier.

Its founder believes India’s unclaimed wealth challenge is not simply a recovery problem. It is an information continuity problem.

To address this, UnClaimedX is building Pass Down, a digital inheritance and asset continuity platform designed to help individuals securely organise their financial assets today while ensuring their families can discover, access and claim them when the need arises.

A Personal Experience That Sparked an Idea

For founder Sandeep P Gaonkar, the inspiration behind UnClaimedX came from an unexpected moment.

Following an injury that required hospitalisation last year, he found himself asking a question he had never seriously considered before.

What if something happened to me today?

Looking across the hospital room at his wife holding their young daughter, he realised that much of the financial security he had spent years building existed only inside his memory and behind a locked smartphone.

He recalls dictating his phone’s unlock password from the hospital bed, recognising that if he had not recovered, his family might never know where to begin looking for his savings, investments and financial assets.

That experience fundamentally changed the way he viewed financial planning.

“I realised that building wealth is only half the responsibility,” Gaonkar said. “Ensuring your family can actually find and access it is equally important.”

That realisation eventually became the foundation of UnClaimedX.

Research Revealed the Problem Was Far Bigger

Rather than immediately building a product, Gaonkar wanted to understand whether his experience reflected a larger pattern.

He interviewed 86 working professionals, business owners and individuals across different age groups, ending every conversation with the same question:

“If you died today, could your family find all your savings, investments and financial assets?”

Not a single participant answered with complete confidence.

The findings revealed a consistent pattern.

• Nearly 50 per cent had disclosed less than half of their financial assets to their families.
• 34 per cent had shared nothing at all.
• Only 19 per cent had documented their financial information, mostly at the time of retirement, using notebooks, spreadsheets or free note-taking applications.

“We are managing lifelong wealth on tools that were never designed for inheritance,” Gaonkar said.

Building Pass Down

Based on these insights, UnClaimedX began developing Pass Down, a digital inheritance and asset continuity platform built specifically for Indian families.

The platform enables users to securely organise financial assets, important documents and digital information in one place while assigning nominees and beneficiaries for individual assets. Users retain complete control over what information is shared and with whom during their lifetime.

If the owner passes away, Pass Down activates the company’s proprietary SAFE Protocol, a structured four-stage verification process before any sensitive financial information is handed over to the designated beneficiary.

Once verification is complete, the platform helps families discover financial assets and provides institution-specific guidance to support the claim process.

Rather than replacing existing financial institutions, Pass Down aims to ensure families know what exists, where it exists and how to claim it.

Privacy by Architecture

Handling highly sensitive financial information requires trust.

To address that challenge, Pass Down is built on a zero-knowledge encryption architecture, meaning the company itself cannot access customer data.

“Even we, as a company, cannot see our customers’ data,” Gaonkar said. “If we can’t access it, we can’t profile it or monetize it.”

The company says privacy has been embedded into the platform’s architecture from the beginning, allowing users to remain in complete control of their information.

Building a platform around zero-knowledge encryption and secure information exchange requires deep engineering expertise. Alongside founder Sandeep P Gaonkar, Raj Kumar, a mobile platform specialist, and Vinay KK, a backend and security specialist, each bring more than 12 years of enterprise technology experience and contribute to the core architecture and development of Pass Down.

Looking Beyond Consumers

While Pass Down serves individuals and families, UnClaimedX’s long-term vision extends beyond consumer software.

The company plans to build an institutional infrastructure layer that enables banks, insurance companies and legal firms to receive verified notifications that help reduce fraud while streamlining inheritance and claim processes.

Over time, the objective is to shorten claim timelines, simplify family access to financial assets and reduce the volume of wealth that eventually becomes unclaimed.

“India has built world-class infrastructure for creating and managing wealth,” Gaonkar said. “The next challenge is building the infrastructure that ensures this wealth reaches the families it was always meant for.”

Preparing for Public Launch

UnClaimedX is currently in closed beta and plans to publicly launch Pass Down in July 2026.

The company is simultaneously raising a seed round to accelerate product development, strategic partnerships and market expansion.

As India’s financial ecosystem continues to mature, digital wealth is growing faster than traditional inheritance systems can adapt.

For UnClaimedX, the opportunity lies not only in helping families recover forgotten assets, but in preventing tomorrow’s unclaimed assets from being created in the first place.

About the Founder

Sandeep P Gaonkar is the Founder and CEO of UnClaimedX Private Limited. With more than 13 years of experience across product, design, sales and marketing, including over five and a half years leading product initiatives at Dhiway, India’s first tokenisation and blockchain-anchored data assurance network, he has worked on technologies spanning digital trust, data privacy and secure information exchange. Inspired by a personal experience that exposed the challenges families face in accessing financial assets, he founded UnClaimedX to build the digital infrastructure for passing down wealth information.

About UnClaimedX

UnClaimedX is a Bengaluru-based fintech and legal tech startup building digital inheritance and asset continuity infrastructure for India. Its flagship product, Pass Down, enables individuals to securely organise their financial assets while ensuring secure, structured and verified access for their families when it is needed most.

Website: www.unclaimedx.com

Work with us: hello@unclaimedx.com

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Mumbai (Maharashtra) [India], June 29: ABS Marine Services Limited (NSE: ABSMARINE), one of the leading maritime companies offering comprehensive services in Vessel Ownership, Ship Management, Marine and Port Services, has announced that CRISIL Ratings upgraded the Company’s bank facility ratings, reflecting its strong operating performance, healthy financial profile, and sustained business growth.

Revised Credit Ratings

• Long-Term Bank Facilities – CRISIL A-/Stable (Upgraded from CRISIL BBB+/Stable)
• Short-Term Bank Facilities – CRISIL A2+ (Upgraded from CRISIL A2)

The upgrade reflects the Company’s strong and sustained improvement in operating and financial performance, supported by robust revenue growth, improving profitability, healthy cash flows from long-term charter contracts, and a strong financial risk profile. CRISIL has also enhanced the total bank loan facilities rated to ₹505.50 crore from ₹370.50 crore.

According to CRISIL, the upgrade is driven by the company’s established market position in the shipping services industry, long-term contracts with reputed clients including ONGC and Schlumberger, strong operating margins, comfortable debt protection metrics, and healthy liquidity. The rating agency has also highlighted the company’s growing charter business, expanding fleet, and strong revenue visibility backed by long-term contracts.

Commenting on the development, Captain P.B. Narayanan, Managing Director of ABS Marine Limited, said, “We are delighted with the upgrade in our credit ratings by CRISIL, which reflects the sustained progress we have made in strengthening our operational performance and financial profile. This recognition underscores the resilience of our business model, the quality of our long-term customer relationships, and our disciplined approach towards growth.

As we continue to expand our fleet and strengthen our offshore services portfolio, this rating upgrade further reinforces the confidence of our banking partners, customers, and investors. We remain committed to delivering sustainable growth while maintaining prudent financial management and operational excellence.”

About ABS Marine Services Limited

ABS Marine Services Limited, established in 1992 and headquartered in Chennai, is one of the leading maritime companies specializing in Ship Management, Vessel Ownership, Marine, and Port Services. With offices in Mumbai, Kochi, Singapore, and Kakinada, ABS provides comprehensive maritime solutions worldwide, emphasizing professionalism, local expertise, and regulatory compliance for efficient operations. With over three decades of experience in third-party technical and crew management, the company focuses strongly on safety and energy conservation both onboard and ashore, driving excellence in the maritime industry.

For FY26, the Company has reported Consolidated Total Income of ₹ 322.64 Cr, EBITDA of ₹ 152.55 Cr & Net Profit of ₹ 80.80 Cr on consolidated basis.

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 IFCCI Luxury Committee and Comité Colbert to sign landmark MoU advancing Indo-French collaboration in luxury, craft and culture

New Delhi [India], June 29: The Indo-French Chamber of Commerce and Industry (IFCCI) today announced that the IFCCI Luxury Committee and Comité Colbert will sign a Memorandum of Understanding (MoU) to deepen Indo-French collaboration across luxury, craftsmanship, culture and the creative industries. 

The MoU will be formalised in Paris on 1^st July 2026 on the sidelines of India’s New Script on Luxury, Craft and Culture – a dedicated programme bringing together leaders from luxury maisons, cultural institutions, fashion, design, policymaking, investment and the artisan ecosystem from India and France.

The partnership marks the first such association by an international industry body focused specifically on the Indian luxury market, reflecting India’s growing role in the global luxury landscape.

Speaking about the upcoming milestone:

Bénédicte Epinay, President & CEO, Comité Colbert, said: “Comité Colbert was founded to promote, develop, and transmit French savoir-faire and creation. India, with its exceptional craft heritage, cultural depth, and rapidly evolving luxury landscape, is a natural partner for dialogue. Through this MoU with the IFCCI Luxury Committee, we hope to encourage mutual understanding, knowledge-sharing, and long-term engagement between French maisons and India’s creative ecosystem.”

Payal S. Kanwar, Director General, Indo-French Chamber of Commerce and Industry, said: “India and France share a deep-rooted strategic partnership built over decades. This MoU with Comité Colbert reflects our shared ambition to create a structured and long-term platform for the luxury sector, bringing together policy, business, craftsmanship, and cultural exchange. At a time when confidence in India’s luxury market is stronger than ever, this partnership will help enable conversations and collaborations that strengthen Indo-French luxury relations in a meaningful, future-facing and impactful way.”

Srimoyi Bhattacharya, Chairperson, IFCCI Luxury Committee, said: “Luxury today is not only about products or markets; it is about excellence, experience, and the ability to create enduring cultural value. India’s luxury story is entering a powerful new chapter, shaped by a discerning consumer, expanding markets, extraordinary craft traditions, and a growing appetite for global dialogue. This partnership with Comité Colbert allows us to build a bridge between French savoir-faire and India’s creative and business energy, while opening new conversations around craft, culture, innovation and responsible growth.”

What Does This MoU Mean for Industry Stakeholders in France and India?

Under the MoU, the IFCCI Luxury Committee and Comité Colbert intend to collaborate on roundtables, symposiums, industry delegations, knowledge papers, policy dialogues and cultural exchange programmes. The partnership will encourage meaningful engagement between French maisons and Indian designers, artisans and creative leaders, while promoting a deeper understanding of India’s evolving luxury landscape and France’s legacy of savoir-faire.

Reflecting this spirit, the event in July will feature discussions on the Indian luxury market, retail infrastructure, evolving consumer behaviour, policy frameworks, craftsmanship, sustainability and the rising global voice of Indian couture. It will bring together representatives from fashion, beauty, design, retail, real estate, public policy and cultural institutions.

The MoU represents a shared ambition to create a long-term platform for Indo-French exchange in luxury — one that recognises India not only as a country with deep craft traditions, but also as a fast-growing market with creative excellence and an increasingly influential voice in the global luxury conversation.

Why Now?

As India emerges as one of the world’s most dynamic luxury markets, the partnership aims to move beyond market access and create a long-term platform for knowledge exchange, institutional engagement, market insight, craft collaboration and cultural dialogue. Anchored in shared values of heritage, craftsmanship, innovation, sustainability and cultural excellence, the collaboration will also support India’s growing capabilities in retail, design, skill development and the creative economy.

This momentum is reflected in a recent IFCCI survey of leading French, European and Indian designer-goods companies operating in India. All participating companies expressed a positive outlook on India’s market growth over the next five years. Most respondents indicated planned or ongoing investments in retail expansion, experience-led formats and skill development, while a strong majority expressed interest in structured collaboration around artisan partnerships, local engagement and capability building. The findings underline the relevance of a sustained Indo-French platform at a pivotal moment in India’s luxury evolution.

About IFCCI and IFCCI Luxury Committee

 The Indo-French Chamber of Commerce and Industry (IFCCI) is one of the most active chambers within the global CCI France International network, which spans 125 chambers across 95 countries. It has seven offices in Mumbai, New Delhi, Bengaluru, Chennai, Pune, Hyderabad, and Paris. IFCCI launched its Luxury Committee in November 2022. The committee brings together leading French and Indian luxury and premium brands. With the Indian luxury market expanding rapidly, the IFCCI Luxury Committee provides companies in this segment with a platform for knowledge-sharing, advocacy, dialogue, and the promotion of ideas.

About Comité Colbert

 Founded in 1954 by Jean-Jacques Guerlain, Comité Colbert brings together French luxury maisons, cultural institutions, and European luxury maisons. Its mission is to promote, sustainably develop, and transmit French savoir-faire and creation, while championing French art de vivre on the world stage.

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Introducing Delhi to a fun, flavour-packed dessert experience inspired by Thailand

New Delhi [India], June 29: Minor Food India, one of Asia’s leading food service operators, has strengthened its presence in the National Capital Region with the opening of Scoop Wonder’s first store in Delhi at Unity One Elegante Mall, Netaji Subhash Place (NSP). The launch marks another milestone in the company’s growth strategy in India, bringing Scoop Wonder’s signature ice cream creations and dessert experiences closer to consumers in the capital.

Following the enthusiastic response to its Gurugram outlet, Scoop Wonder continues its mission of making premium-quality dessert experiences accessible to a wider audience. The Delhi store offers a vibrant and welcoming destination for families, friends, students, and dessert lovers looking to indulge in innovative flavours, refreshing beverages, and memorable dessert experiences without compromising on affordability.

Inspired by Thailand’s vibrant dessert culture, Scoop Wonder has been thoughtfully created to offer consumers more than just ice cream. At the heart of the experience is its signature Wonder Cup, an innovative concept that lets guests enjoy three or five different ice cream flavours at the price of one, making every serving fun, personalised, and perfect for discovering new favourites. Combined with premium-quality vegetarian ice creams, indulgent desserts, and refreshing beverages, Scoop Wonder delivers joy, variety, and exceptional value with every visit.

Born from a passion for creating joyful and affordable dessert experiences, Scoop Wonder is a brand proudly developed by Minor Food, one of Asia’s leading food service operators with thousands of restaurants across multiple countries. 

Minor Food also owns extensive dairy and ice cream production capabilities through its manufacturing businesses in Thailand, supplying renowned brands including Swensen’s and Dairy Queen. 

Commenting on the launch, Devinder Verma, Country Director – India, Minor Food India Pvt. Ltd., said, “We believe India is ready for a new kind of ice cream experience, one that combines innovation, quality, affordability, and joy. Scoop Wonder is created with exactly that vision in mind. This is only the beginning of our journey in India. The opening of our first Scoop Wonder store in Delhi reflects Minor Food India’s continued commitment to bringing innovative and accessible food experiences to consumers across key markets. We look forward to becoming a favourite destination for families, friends, and dessert lovers across the city.”

About Minor Food

With over 2,400 outlets in 23 countries, Minor Food is one of the largest quick-service and casual dining restaurant chains in the Asia-Pacific region. We dedicate ourselves to diversifying and strengthening our portfolio of brands in order to increase our company’s global presence. With a commitment to delivering customers exceptional experiences with a 100% satisfaction rate and maximizing stakeholder values, we want to become a global leader in food service and restaurant operations.

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Mumbai (Maharashtra) [India], June 29: Atharva Polyplast Limited, one of the leading manufacturers of plastic components catering to the furniture, home appliances, automotive and engineering sectors, has announced the opening of its Initial Public Offering (IPO) on June 30, 2026.

Share Allocation & Issue Details

• Anchor Investor Portion: 12,74,000 Equity Shares
• Net QIB Portion: Not more than 8,56,000 Equity Shares
• Non-Institutional Investors: Not less than 6,42,000 Equity Shares
• Retail Individual Investors: Not less than 15,02,000 Equity Shares
• Market Maker: 2,26,000 Equity Shares

The net proceeds from the issue will be utilized towards funding capital expenditure requirements, repayment/prepayment of borrowings, funding working capital requirements, and general corporate purposes. The Anchor Investor Bidding Date is scheduled for June 29, 2026, and the issue will close on July 2, 2026.

Horizon Management Private Limited is the Book Running Lead Manager to the Issue, and MUFG Intime India Private Limited is the Registrar to the Issue.

• Total Issue size: 45,00,000 Equity Shares of ₹10 each
• Issue Size: ₹ 27 Crore (At Upper Price Band)
• Price Band:₹55 – ₹60 Per Equity Share
• Lot Size: 2,000 Equity Shares (Minimum bid of 2 lots i.e. 4,000 equity shares, and in multiples of 2,000 equity shares thereafter)
• Proposed to be listed on the SME Platform of BSE (BSE SME)

Mr. Anujeet Darade, Managing Director of Atharva Polyplast Limited, said: “Our journey over the last decade has been guided by a clear focus on precision manufacturing, quality excellence, and building long-term partnerships with our customers. What began as a manufacturing venture has evolved into a trusted engineering and production partner for leading OEMs and Tier-1 suppliers across multiple industries.

Over the years, we have continuously invested in strengthening our capabilities across design, tooling, molding, assembly, and testing, enabling us to deliver high-quality, customized solutions that meet the evolving requirements of our customers. Our growing presence in furniture components, home appliances, and automotive applications reflects the trust our customers place in our capabilities and execution.

The proposed IPO marks an important milestone in our growth journey. The funds raised will support our expansion plans, strengthen our manufacturing infrastructure, and enhance our ability to serve both existing and new customers. Backed by strong manufacturing expertise and long-standing customer relationships, we are confident in our ability to scale responsibly and meet the evolving needs of the industries we serve.”

Mr. Narendra Bajaj, Managing Director, Horizon Management Private Limited, said, “The Indian manufacturing sector is undergoing a significant transformation, driven by increasing domestic consumption, global supply chain diversification, and the growing preference for high-quality, engineered products. As customers increasingly seek reliable manufacturing partners capable of delivering innovation, quality, and scale, companies with strong technical capabilities and established customer relationships are well-positioned to benefit from these long-term industry trends.

Atharva Polyplast has built a differentiated position in the plastics manufacturing space through its integrated manufacturing capabilities, diversified end-market presence, and long-standing relationships with leading OEMs and Tier-1 customers. The Company’s focus on value-added products, particularly in the furniture segment, coupled with its expertise in complex injection molding and engineering-grade polymers, has enabled it to consistently enhance its operational and financial performance.

Sustainable success is built on disciplined execution, innovation, and the ability to adapt to evolving market needs. Atharva Polyplast has consistently demonstrated these strengths through its operational excellence, customer-focused approach, and scalable business model. As the Company embarks on its next phase of growth, we remain confident in its ability to strengthen its market position and capitalize on future opportunities, and are proud to support its public market journey.”

About The Company

Incorporated in 2014, Atharva Polyplast Limited is engaged in the manufacturing of high-quality and cost-effective plastic components catering to office furniture, home appliances, automotive and other industrial sectors.

The Company specializes in injection molding of complex, load-bearing and aesthetic components and offers end-to-end manufacturing solutions spanning product design, tooling, molding, assembly, and testing. Atharva works with a wide range of engineering-grade polymers and serves leading OEMs and Tier-1 suppliers through long-term business relationships.

The Company operates a state-of-the-art manufacturing facility spread across 2,34,614 sq. ft. with 17 moulding machines and a diversified portfolio of more than 300 products. Atharva has also strengthened its credentials through various industry certifications and continues to expand its capabilities to support future growth.

In FY25, the Company recorded Revenue from Operations of ₹4,753.56 Lakhs, EBITDA of ₹918.61 Lakhs, and PAT of ₹528.54 Lakhs. 

For the ten-month period ended January 31, 2026 (10M FY26), the Company reported Revenue from Operations of ₹4,242.16 Lakhs, EBITDA of ₹836.27 Lakhs, and PAT of ₹472.56 Lakhs.

Disclaimer: Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties, like government actions, local, political, or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. Investors should read the Red Herring Prospectus / Prospectus, including the section titled “Risk Factors”, before making any investment decision. This announcement is not for release, publication, or distribution, directly or indirectly, outside India.